Waddah Attar ADXxBollinger

v10.3
Waddah Attar ADXxBollinger

This indicator give ADX trend signals associated with Volatility expansion at the same time.

If the histogram is red, DIminus is above DIplus and if its green, DIminus is under DIplus and the trend is bullish.

The oscillation are made by multiplying the ADX value to Bollinger Bands bandwidth, so you can have a rough idea of the trend force (volatility).

I stumble upon this MT4 indicator while browsing information on the web to help someone making an ADX screener, so here it is converted for prorealtime.

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ADX bollinger bollinger bands volatility
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No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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10/09/2017

576 posts • 1894 Followers
  1. avatar
    flodefacebook • 10/09/2017 #

    Merci Nicolas pour cet indicateur.
    Très utile dans une technique de retournement.

  2. avatar
    HeikinAshi • 10/09/2017 #

    thank you for this very interesting indicator Nicolas!

    did you define a tradable setup for yourself?
    indicator is green, falling: X rising: Y
    indicator is red, falling: X rising: Y

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Nicolas Well done supertiti, nicely coded and very accurate.
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Dimi.A Beautiful.
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Nicolas Thank you for contribution. Please consider that advertising is tolerate as long as you cont...
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triss1965@gmail.com  Hi, I cant make it work. And if you doing so much money. Why do you have to sell it? It don...
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T-rader Eva... He dosen´t sell anything. He is just a nice guy that want to share on of his strategy...
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Pelle Nævestad Thanks Nicolas, this is a keeper!
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Chicane23 Hi, when uploaded the WAE isnt showing histogram; only line. Is there a way to modify?
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Nicolas Change the way the lines are displayed in the indicator settings window : histogram, lines, ...
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Dimi.A Perfect for counter-trend scalping. I like this!
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viktorthuns Hi Nicolas! Great work you've done with all your indicators. Just wondering about the code a...
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Nicolas the value is not a boolean but an average of an addition of booleans. As stated in the descr...
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Naren Yanan what is    diplus  diminus  please
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Barney Has anyone tested this algon now when PRT 10.3 was released?
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Yngve does anyone know if the issue with the TP/SL is resolved ?
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DerPat Like your zero lag indicators.
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xel @DerPat - I don't see any question regarding the indicator.  Anyway, I think I give enough l...
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diegofe_2000 Xel, tu eres el creador de este indicador? Bueno te  cuento que es muy bueno para hacer est...
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xel Buen día @diegofe_2000 -  Claro, mandalo y por aquí lo probamos en otros instrumentos y si g...
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verdi55 At least there should be some moving average that has also reverted into the opposite direct...
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verdi55 In addition to the moving average, wait until at least one bar is completely back inside the...
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rama This works excellent on range bound I tried , give 90% win rates on dax , 3 min chart. can s...
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Investment Account Wow great thanks ... looks good! Do I set the colour shades up from within the indicator 's...
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Anonymous Thanks for your comments and yes, that is exactly how I set up the colour levels.
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Vish Thanks I have added this in my watch list. Has anyone tried it yet ? Does it work on currenc...
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r.angel It seems that the formula needs a SQRT (that is Vyangzhang = SQRT(...))
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RickTrader I think to have annualized view of this historical volatility you will need : Vyangzhang =...
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cepamoi Unfortunately, this still does not work: ONCE haOpen = medianprice haOpen = ((Open[1]+High...
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Nicolas Force calculation to wait 1 bar of history already loaded: ONCE haOpen = medianprice if b...
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cepamoi Now it works. Thanks a lot Nicolas! Here is the full code: // variables : // period ...
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Sofitech Bonjour. J'aimerais savoir s'il est possible de "truquer" un peu l'indicateur pour qu'il don...
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Maz I actually like this very simple idea. It can also be useful for market micro-structure syst...
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Nicolas Thanks Maz, I'll have a look tomorrow.

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